About Mahansaria Tyres Private Limited
Data last updated: 17 December 2025
Mahansaria Tyres Private Limited is a private limited company based in Mumbai, Maharashtra, India. It specialises in auto parts and components, a part of the broader automotive sector. Incorporated on 10 September 2014, the company has been in operation for over 12 years.
Registered with ROC Mumbai under CIN U25111MH2014PTC257968.
Capital: an authorised share capital of ₹350 Cr and a paid-up capital of ₹324.26 Cr. Formerly known as Astra Tyre Industries Private Limited and Keshav Industrial Ventures Private Limited. It is led by directors including Yogeshkumar Ashokkumar Mahansaria and Ashokkumar Purushottamdas Mahansaria.
Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: 304 3Rd Floor Peninsula Chambers Peninsula Corporate Park, Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,605.36 Cr, a growth of 22% compared to the previous year.
The company has a workforce of approximately 340 employees as per the latest available data.
The company is associated with 1 brand - Ascenso. As per MCA filings, the company has open charges of ₹1,487.64 Cr and satisfied charges of ₹80.03 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ascensotyres.com.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media
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Registered Address301 – 304 3Rd Floor Peninsula Chambers Peninsula Corporate Park, Ganpatrao Kadam Marg Lower Parel, Mumbai, Maharashtra, India – 400013
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IndustryAutomotive, Auto Parts & Components
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Mahansaria Tyres Private Limited
Mahansaria Tyres Private Limited has undergone 4 name changes throughout its history. The current legal name is Mahansaria Tyres Private Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Mahansaria Tyres Private Limited | Current |
| Astra Tyre Industries Private Limited | Previous |
| Keshav Industrial Ventures Private Limited | Previous |
| Keshav Tyres And Industries Private Limited | Previous |
| Keshav Properties Private Limited | Previous |
CIN History of Mahansaria Tyres Private Limited
Mahansaria Tyres Private Limited has one previous CIN (Corporate Identification Number): U70101MH2014PTC257968. The current CIN is U25111MH2014PTC257968, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U25111MH2014PTC257968 | Current |
| U70101MH2014PTC257968 | Previous |
Associated Brands with Mahansaria Tyres Private Limited
Mahansaria Tyres Private Limited operates one associated brand: Ascenso. These brands represent Mahansaria Tyres Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Tyres are manufactured for off-highway applications by Ascenso. | ascensotyres.com |
Competitors & Alternatives of Mahansaria Tyres Private Limited
Brands and companies operating in the same space as Mahansaria Tyres Private Limited include Titan International, Alliance Tire Group, Fishfa Rubbers and 3 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Titan International
|
Manufacturer and supplier of tires and wheels to OEMs and aftermarket | Quincy, United States, United States | 1890 |
Alliance Tire Group
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Tyres for off-highway and commercial vehicles are manufactured globally. | Mumbai, India, India | 1992 |
Fishfa Rubbers
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Produces reclaim rubber from waste tires and tubes for manufacturing industries. | Rajkot, India, India | 1971 |
Magna Tyres
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Manufactures OTR and industrial tyres for mining, construction, and agriculture worldwide. | Tilburg, Netherlands, Netherlands | 2006 |
MAXAM Tire
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Manufactures and supplies high-quality tires to various industries. | Danvers, United States, United States | 2011 |
Global Air Cylinder Wheels
|
Eco-friendly air suspension wheels for mining vehicles, providing safer and efficient alternatives. | Chandler, United States, United States | 2011 |
Business Activity of Mahansaria Tyres Private Limited
Mahansaria Tyres Private Limited is engaged in the principal business activity of manufacturing, with detailed activities including plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | ********* |
Auditor Details of Mahansaria Tyres Private Limited
Mahansaria Tyres Private Limited is audited by SINGHI & CO. for the financial year 2024. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SINGHI & CO. | blur-value | blur-value | blur-value |
Board of Directors of Mahansaria Tyres Private Limited
Mahansaria Tyres Private Limited is currently managed by 6 directors, with 11 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Yogeshkumar Ashokkumar Mahansaria
Also directs:
Torqracers Llp, Massive Impact Eduventures Llp, Sujata Textile Mills Private Limited and 5 more
|
Managing Director | 21 Aug 2017 | 8 Years 10 Months | Current |
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Ashokkumar Purushottamdas Mahansaria
Also directs:
Torqracers Llp, Massive Impact Eduventures Llp, Sujata Textile Mills Private Limited and 3 more
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Director | 10 Sep 2014 | 11 Years 10 Months | Current |
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Ashok Bhukhmaria
Also directs:
Mahansaria Tyres Private Limited, Reise Mitas Tires Llp
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Director | 15 Jul 2021 | 4 Years 11 Months | Current |
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Dhaval Nanavati
Also directs:
Mahansaria Tyres Private Limited
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Director | 21 Apr 2023 | 3 Years 2 Months | Current |
Financials of Mahansaria Tyres Private Limited FY 2024 filings available
Mahansaria Tyres Private Limited reported revenue of ₹1,605.36 Cr (up 22% YoY) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.
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| Insurance | ***** | ***** | ***** | ***** | ***** |
| Power & Fuel | ***** | ***** | ***** | ***** | ***** |
| Interest | ***** | ***** | ***** | ***** | ***** |
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| Long-Term Provisions | ***** | ***** | ***** | ***** | ***** |
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| Total Equity & Liabilities | ***** | ***** | ***** | ***** | ***** |
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| Capital WIP | ***** | ***** | ***** | ***** | ***** |
| Intangibles Under Dev | ***** | ***** | ***** | ***** | ***** |
| Investments | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax Assets | ***** | ***** | ***** | ***** | ***** |
| LT Loans & Advances | ***** | ***** | ***** | ***** | ***** |
| Other Non-Current Assets | ***** | ***** | ***** | ***** | ***** |
| Current Assets | |||||
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| Cash from Operating Activities (CFO) | |||||
| Profit Before Tax | ***** | ***** | ***** | ***** | ***** |
| Non-Cash Adjustments | ***** | ***** | ***** | ***** | ***** |
| + Interest Expense | ***** | ***** | ***** | ***** | ***** |
| + Depreciation | ***** | ***** | ***** | ***** | ***** |
| +/- Unrealized Forex | ***** | ***** | ***** | ***** | ***** |
| - Dividend Income | ***** | ***** | ***** | ***** | ***** |
| - Interest Income | ***** | ***** | ***** | ***** | ***** |
| +/- Other Non-Cash Items | ***** | ***** | ***** | ***** | ***** |
| Changes in Working Capital | ***** | ***** | ***** | ***** | ***** |
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| Acquisitions & Disposals | ***** | ***** | ***** | ***** | ***** |
| Disposal of Subsidiaries | ***** | ***** | ***** | ***** | ***** |
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| Net CFF (Cash from Financing) | ***** | ***** | ***** | ***** | ***** |
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| Net Change in Cash (Pre-Forex) | ***** | ***** | ***** | ***** | ***** |
| Closing Cash & Equivalents | ***** | ***** | ***** | ***** | ***** |
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| Inventory Days | ***** | ***** | ***** | ***** | ***** |
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| Cash Conversion Cycle | ***** | ***** | ***** | ***** | ***** |
| Asset Turnover | ***** | ***** | ***** | ***** | ***** |
| Profitability | |||||
| Net Profit Margin % | ***** | ***** | ***** | ***** | ***** |
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| ICR | ***** | ***** | ***** | ***** | ***** |
Consolidated Statements
Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.
Shareholding Pattern of Mahansaria Tyres Private Limited
As of FY 2024, Mahansaria Tyres Private Limited's shareholding pattern shows 86.63% by promoters, 10.00% by domestic institutional investors (DII), 2.54% by public shareholders, 0.84% by others. The promoters hold a majority stake, indicating strong promoter control.
| Year | 2025 |
|---|---|
| Promoters | 33.19% |
| DII | 23.22% |
| FII | 18.28% |
| Public | 22.89% |
| Others | 2.42% |
Group Structure of Mahansaria Tyres Private Limited
Mahansaria Tyres Private Limited has 1 joint venture. This group structure data is as of FY 2024. The corporate group structure reflects Mahansaria Tyres Private Limited's business expansion strategy and organizational complexity.
Charges & Borrowings of Mahansaria Tyres Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Mar 2024 | Others | ₹300 Cr | Open |
| 16 Jan 2024 | Others | ₹4.26 Cr | Open |
| 19 Dec 2023 | Others | ₹1.5 Cr | Open |
| 24 Mar 2023 | Axis Bank Limited | ₹36.74 Lakh | Open |
| 22 Mar 2022 | Others | ₹5.95 Cr | Open |
Total charge records: 21 View all charges
Employees and EPFO Compliance at Mahansaria Tyres Private Limited
Mahansaria Tyres Private Limited has a workforce of 340 employees as of Oct 09, 2025.
Employee Count & EPFO Data of Mahansaria Tyres Private Limited
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GST Compliance of Mahansaria Tyres Private Limited
GSTIN & GST Filing Data of Mahansaria Tyres Private Limited
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Credit Ratings, Litigation & Regulatory Alerts for Mahansaria Tyres Private Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Mahansaria Tyres Private Limited
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MSME Payment Delays by Mahansaria Tyres Private Limited
MSME Payment Delays by Mahansaria Tyres Private Limited
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Subsidiaries & Group Companies of Mahansaria Tyres Private Limited
Subsidiaries & Group Companies of Mahansaria Tyres Private Limited
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MCA Filings & Documents of Mahansaria Tyres Private Limited
MCA Filings & Documents of Mahansaria Tyres Private Limited
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Recent Activity on Mahansaria Tyres Private Limited
Frequently Asked Questions about Mahansaria Tyres Private Limited
Mahansaria Tyres Private Limited is an active private limited company in the automotive sector based in Mumbai, Maharashtra, India. It was incorporated on 10 September 2014 (12+ years old) and is registered under CIN U25111MH2014PTC257968. The company has 340 employees.
Mahansaria Tyres Private Limited reported revenue of ₹1,605.36 Cr for FY 2025 (up 22.00% YoY).
The current directors of Mahansaria Tyres Private Limited are:
- Yogeshkumar Ashokkumar Mahansaria
- Ashokkumar Purushottamdas Mahansaria
- Ashok Bhukhmaria
- Charuta Mandar Pilgaonkar
- Talasu Prasanna Kumar Patro
- Dhaval Nanavati
The primary industry of Mahansaria Tyres Private Limited is automotive. The company specifically operates in auto parts and components. The company is currently active in this sector.
Mahansaria Tyres Private Limited can be reached at the registered office: 301 – 304 3Rd Floor Peninsula Chambers Peninsula Corporate Park, Ganpatrao Kadam Marg Lower Parel, Mumbai, Maharashtra, India – 400013, or through the website ascensotyres.com.
The authorised capital is ₹350 Cr, and the paid-up capital is ₹324.26 Cr.